LUNCUSDT The next 1D MA50 break can deliver a massive rally!
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For this particular analysis on
LUNCUSDT we are using the LUNCUSDT symbol on the OKX exchange.
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The idea is on the 1D time-frame whereLUNCUSDT is on a small pull-back after being rejected on the 1D MA50 (blue trend-line). With the 1D RSI mostly ranged within 55.00 - 35.00, the price action seems neutral. However this resembles the previous sequences of mid August and mid June, which both broke upwards and delivered significant rallies.
The trigger for August was closing above the 1D MA50. As a result, the next time this happens, we may see a massive rally onLUNCUSDT, targeting the Higher Highs trend-line.
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For this particular analysis on
LUNCUSDT we are using the LUNCUSDT symbol on the OKX exchange.*** ***
The idea is on the 1D time-frame where
LUNCUSDT is on a small pull-back after being rejected on the 1D MA50 (blue trend-line). With the 1D RSI mostly ranged within 55.00 - 35.00, the price action seems neutral. However this resembles the previous sequences of mid August and mid June, which both broke upwards and delivered significant rallies.The trigger for August was closing above the 1D MA50. As a result, the next time this happens, we may see a massive rally on
LUNCUSDT, targeting the Higher Highs trend-line.-------------------------------------------------------------------------------
** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. **
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You may also TELL ME 🙋♀️🙋♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁
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